In this edition of the Wealthtech Roundup, RISR launched an AI-powered document analysis module, TaxStatus and Advice.ai partnered on AI-powered tax planning, Savvy Wealth debuted an AI-based client data and planning system, BetaNXT launched an AI-powered validation platform, CapIntel added tax analysis to investment proposals, WealthReach launched referral and website tools, Osaic added a workflow documentation platform, DeepVest launched two portfolio personalization tools, Schwab introduced AI-based portfolio insights, OneVest launched a bridge connecting wealth management workflows to AI tools, Vestmark introduced a portfolio monitoring tool and InspereX enhanced its market intelligence platform.
Editor in Chief's Take:
Wealthtech is moving beyond time efficiency. Last year a primary focus for wealthtech innovation was reducing advisors’ workload to free their time for higher-value activity. That is shifting to an increasing focus on multiplying the productivity and potential of advisor activity as 2026 progresses. This month’s news is evidence of that shift, filled with innovations in tax planning, portfolio monitoring, referrals, proposals and client-specific insights that are designed to help advisors perform at a higher level.
– Julius Buchanan, Editor in Chief, Wealth Solutions Report
RISR Launches AI Document Analysis Module
RISR launched an AI-powered document analysis and risk management module for advisors serving business owner clients. The module is designed to review risk documents such as buy-sell agreements and insurance policies, identify potential risks involving death, disability or disputes, and surface issues involving ownership transfers, valuation clauses and insurance coverage. RISR said the module will be included in its existing subscription at no additional cost.
The module was in beta testing with a select customer set ahead of a planned full release to RISR’s customer base on May 24, Jason Early, CEO and Founder of RISR, told WSR. The beta test included RIAs, broker-dealers and insurance companies, including advanced planning desk, home office and individual advisor users. RISR also plans to introduce a tax planning module later this year.
Early said, “Advisors know business owner clients are a major growth opportunity and need ways to demonstrate their value from the first conversation. With the ability to uncover hidden risks surrounding the business in minutes, advisors are building deep trust with owners from day one.”
TaxStatus And Advice.ai Partner On Tax Planning
TaxStatus and Advice.ai announced an exclusive partnership to put Advice.ai’s tax, financial and estate planning strategy library on the TaxStatus Verified Financials platform. The firms said the integration will allow advisors to surface personalized planning opportunities using financial data sourced through TaxStatus. With client consent, TaxStatus retrieves historical and future “verified financials” for client households, including individuals, businesses, private investments, trusts and estates.
Advice.ai’s AI engine will apply its library of tax, financial and estate planning strategies against TaxStatus data. The solution launches with more than 100 strategies, with a near-term roadmap to add hundreds more, according to the firms. TaxStatus also said Hightower Advisors signed an enterprise-level agreement as an early adopter to support its nationwide advisor community with verified, IRS-sourced financial data.
Kevin Knull, CEO of TaxStatus and Co-Founder of Advice.ai, said, “There’s a big difference between intelligence and knowledge. You can be extremely intelligent and completely uninformed. AI has the intelligence, but without complete, verified data, it doesn’t have the knowledge it needs to surface proper opportunities. Financial advisors are well aware of this challenge, but they can only render advice based on the information they have.”
Savvy Wealth Debuts Savvy Intelligence
Savvy Wealth unveiled Savvy Intelligence, an agentic AI product on its platform. The company said Savvy Intelligence gives advisors a continuously updated view of client data, including investments, financial plans and tax information. Savvy described the product as a household-level system of record intended to reduce manual reconciliation and system switching for its nearly 135 advisors.
Savvy Intelligence serves as the operating environment for Savvy AI agents, the first being its Financial Planning Agent. The agent provides a household-level view, models life-change scenarios, surfaces tradeoffs and produces auditable, client-ready outputs in minutes, according to the company. Savvy said it manages nearly $6 billion in client assets, up fivefold from a year ago, and plans tax, relationship and investment management agents.
Ritik Malhotra, Founder and CEO of Savvy Wealth, said, “Rather than replacing advisors, artificial intelligence technology like Savvy Intelligence will enable advisors to evolve into ‘conductors’ or ‘editors,’ going beyond what is possible with legacy technology to handle technical tasks via specialized AI agents—like financial planning—while spending more time with their clients and growing their businesses.”
BetaNXT Launches Val Validation Platform
BetaNXT launched Val, a validation platform designed to apply rules-based intelligence across documents, data and workflows. The firm said Val helps firms automatically check large volumes of documents and data for errors, helping improve accuracy, consistency and efficiency. Val is the first release from BetaNXT’s AI Innovation Lab, which the firm created to apply AI to operational challenges.
Val initially focuses on validating client communications before delivery, including broker statements, trade confirmations and tax forms. The platform applies client-defined rules across document populations to identify issues earlier, reduce rework, accelerate processing and scale validation coverage, according to BetaNXT. The launch follows BetaNXT’s introduction of InsightX, an AI platform that provides automation, analytics and insights across enterprises.
Bob Santella, CEO of BetaNXT, said, “AI has the most value when it is purpose-built, responsibly deployed and aligned with real business outcomes. Our AI Innovation Lab was established to move beyond experimentation and deliver solutions that can be confidently adopted at enterprise scale. Val is a strong example of how we are applying AI to modernize critical workflows.”
CapIntel Adds Tax Analysis Feature
CapIntel launched a tax analysis feature that allows financial advisors to evaluate and communicate the tax impact of portfolio changes within the proposal process. CapIntel said it is intended to help advisors address tax implications earlier in investment discussions, particularly for high net worth clients with more complex portfolios.
The feature allows advisors to input tax data, including cost basis and purchase dates, and analyze the estimated effect of transitioning from a current portfolio to a recommended portfolio. CapIntel said the platform calculates projected gains and losses, estimates related tax costs and incorporates factors such as carryforward losses and year-to-date activity. The insights can be embedded into digital and PDF proposals.
Joy Chen, Vice President of Product at CapIntel, said, “Advisors know taxes can materially affect client outcomes, but those insights are too often separated from the proposal process. CapIntel brings tax analysis directly into the proposal workflow, helping advisors deliver more personalized recommendations, clearer value and a more efficient path from prospect to client.”
WealthReach Launches Multiply And Living Sites
WealthReach launched Multiply, an AI-powered referral engine for RIAs and wealth management firms, and Living Sites, a type of advisor website designed to update continuously. Multiply follows WealthReach’s acquisition of the intellectual property assets of Model FA and embeds referral marketing systems into WealthReach’s platform. Living Sites are designed to help firms improve online visibility, drive qualified traffic and book new appointments.
Multiply helps firms manage referral timing, outreach messaging and follow-up tracking, and includes more than 50 training videos, a referral learning library, assessments, scenario roleplay and a knowledge base in a conversational AI interface. Living Sites are built with technical infrastructure for search and AI platforms, including optimized headers, schema markup and meta descriptions, with advisor or compliance approval required before content goes live.
Michael Barrasso, Co-Founder and CEO of WealthReach, said, “This is what the Model FA IP acquisition was built to do. We didn’t acquire that IP to sit on it. We acquired it because the Feedback Marketing methodology is the most proven referral system in the advisory industry, and we knew we could take what previously required dedicated person-to-person engagement and turn it into something every firm on our platform could use starting day one.”
Osaic Adds Scribe To Technology Ecosystem
Osaic added Scribe, an AI-powered documentation platform, to its tech stack. The solution is designed to help capture, improve and standardize workflows across advisor businesses. Scribe automatically documents processes as users work, turning tasks into guides that include screenshots, annotations and written instructions, according to the announcement.
Osaic said Scribe can help advisors reduce manual documentation, improve consistency and create process guides that can be shared across teams. The platform supports process libraries, knowledge guides and training materials, which Osaic said can support faster onboarding for new team members. Osaic also said Scribe’s AI can analyze documented workflows and propose ways to improve them.
Anthony Lancaster, SVP, Chief Data Officer at Osaic, said, “Scribe brings a powerful new capability to our platform by helping advisors capture how work actually gets done and turn it into clear, usable guidance. By reducing the time and effort required to document processes, this solution allows advisors to operate more efficiently, onboard team members faster and focus more of their time on delivering value to clients.”
DeepVest Launches Two Portfolio Tools
DeepVest launched Advisor Hierarchy and Nobel Prize Behavioral Investment Suitability Analysis inside AdvisorLab, its tool that turns account statements into portfolio diagnostics and client-ready proposals. The company said the two capabilities are designed to help advisors provide more personalized analysis at scale. Advisor Hierarchy structures relationships across households, companies and trusts while placing client data and meeting notes into a single view.
Behavioral Investment Suitability Analysis is a 22-question psychometric risk tool. The tool calibrates each question to a client’s actual portfolio value rather than abstract percentages, according to DeepVest. It generates five risk scores: risk tolerance, capacity, composure, revealed risk and model portfolio. DeepVest said the summary can be embedded in client proposals.
Toby Wade, CEO at DeepVest, said, “DeepVest’s mission is to give financial advisors the same analytical capabilities as institutional investment teams, without hallucination risk or manual data work. These features deepen that mission at the client level. While verified market data remains the foundation of DeepVest, Advisor Hierarchy and Behavioral Investment Suitability Analysis ensure the analysis is grounded in a clear understanding of each client’s structure, history and relationship with risk.”
Schwab Launches AI Portfolio Insights
Charles Schwab launched its first generative AI capability for retail investors. The capability is designed to provide context on portfolio performance, market news and Schwab Center for Financial Research commentary in one view. Schwab said the tool brings together portfolio performance, relevant market news and curated Schwab commentary to help clients understand factors that may be affecting their portfolios.
The portfolio insights capability integrates Schwab data, research and third-party market news into tailored summaries for each client’s holdings. Schwab said the feature is designed to provide information, not investment advice, and is covered by its privacy, security and data standards. The capability began rolling out on May 5, with access expanding to all self-directed U.S. retail clients by the end of May.
Jonathan Craig, Head of Retail Investing at Schwab, said, “Our clients have made it clear that they want the efficiency of AI combined with guidance from our professionals. As we roll out AI-powered tools, our focus is on being intentional about how technology and human expertise come together so we can continue to meet clients’ needs and expectations.”
OneVest Launches Tool To Connect AI With Advisor Workflows
OneVest launched the OneVest MCP Server, an extension of its recently released Agentic Wealth OS. The server uses Model Context Protocol (MCP), a standard that allows AI tools to connect with outside systems and data. For advisors, the tool is designed to let AI programs work with information inside OneVest’s wealth management platform instead of relying on static summaries or exported data. OneVest said the system can connect AI tools to live client data, pipeline activity, outstanding tasks and other workflow information.
The company said advisors and wealth managers can use plain-language prompts to work with live data, manage a book of business and complete tasks. The tool can support activities such as pulling client briefings, searching a book of business, logging calls, updating records, tracking opportunity pipelines and generating reports. OneVest said each session is limited to the information available to that user and firm.
Jakob Pizzera, Chief Operating Officer of OneVest, said, “The Agentic Wealth OS was built to eliminate the manual labor tax on advisors and operations teams. The MCP server is what makes that promise portable. Now the AI our clients use every day, whatever tool that is, connects directly to live data and executes real wealth management work. That is the vision of the Agentic Wealth OS fully realized: intelligence that acts, wherever the advisor already is.”
Vestmark Introduces Pulse For Portfolio Monitoring
Vestmark introduced Pulse, an AI tool designed to monitor client portfolios and surface suggested actions inside the Vestmark platform. Pulse monitors portfolio positions, SEC filings, market news and events, and client CRM data to identify when attention is needed, according to Vestmark. The company said the tool is available to wealth managers on Vestmark’s platform.
Pulse supports workflows including rebalancing, withdrawals, trade execution and personalized client outreach. Vestmark said the tool can notify wealth managers when a client portfolio breaches a concentration limit, a tax-loss harvesting opportunity emerges or a market event affects a holding. The tool evaluates the event against a client’s portfolio, constraints and history, and then delivers a suggested action for review.
Freedom Dumlao, Chief AI Officer and Chief Technology Officer at Vestmark, said, “The opportunity for AI in wealth management is not to generate more information. Advisors already have more information than they can act on. The real opportunity is to close the gap between knowing what matters and doing something about it. Pulse was built for that.”
InspereX Launches Aria Insights Hub
InspereX launched Aria Insights Hub, an enhancement to its Aria technology platform designed to deliver market intelligence and thought leadership into RIA workflows. The launch includes content partnerships with Structured Retail Products (SRP), part of Derivia Intelligence, and FinTech Studios. InspereX said SRP will provide structured products data analysis and insights, while FinTech Studios will be used to provide weekly fixed income commentary.
The SRP integration gives Aria users access to U.S.-focused market intelligence and analysis based on SRP’s global dataset, including structured products trends, innovation, issuance activity and regulatory developments. The FinTech Studios collaboration brings weekly fixed income market commentary into the platform, with coverage of rates, market conditions and fixed income themes that may affect portfolio construction and client conversations.
Brandon Laczkowski, Head of RIA Sales at InspereX, said, “Aria was built to help advisors efficiently access, evaluate, and monitor a broad range of investment solutions. With the launch of the Insights Hub, we’re expanding Aria beyond execution and analytics to include trusted market intelligence – covering both structured products and fixed income – that supports better decision-making and more informed client conversations.”
Wealth Solutions Report can be reached at info@wealthsolutionsreport.com.
